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Rent by ZIP · Cook County

Rent in Mount Prospect, IL 60056

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,040 (+6.8% vs FY2026). Renters in this ZIP code pay a median $1,505 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,700$1,590+6.9%$1,530–1,870$1,381 ±$178
1 bedroom$1,810$1,700+6.5%$1,629–1,991$1,394 ±$55
2 bedrooms$2,040$1,910+6.8%$1,836–2,244$1,558 ±$108
3 bedrooms$2,620$2,460+6.5%$2,358–2,882$2,156 ±$196
4 bedrooms$3,000$2,850+5.3%$2,700–3,300$2,758 ±$1,588

Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.

What renters pay in 60056

Median gross rent$1,505±$65 · all sizes
Renter households6,79531% of occupied homes
No cash rent372households

How rents are spread

Under $1,0008%
$1,000–1,49941%
$1,500–1,99936%
$2,000–2,49911%
$2,500–2,9993%
$3,000–3,4991%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60053Morton Grove$3,020$2,109
60060Mundelein$2,190$1,634
60051Mchenry$2,270$1,705
60061Vernon Hills$2,620$1,790
60050Mchenry$2,100$1,655
60062Northbrook$2,650$1,872

Fair Market Rents across Cook County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.